Forecasting Home Price Recovery

Home prices in many areas are already rebounding from the bottom of the market, according to the March HomeValueForecast.com update from Pro Teck Valuation Services. This month, the company explores the turnover rate, which is the number of non-distressed sales divided by the total housing stock in a particular market. Pro Teck says this calculation …

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Fastest pace for O.C. home market since 2005

The Orange County Register posted a report yesterday, by Steve Thomas of ReportsOnHousing.com.  His report shows that the 2012 home shopping season so far has both rising buyer activity and owners willing to list their properties. All information is from Steve Thomas’ article on OCRegister.com: “Fastest pace for O.C. home market since 2005.” Steve Thomas …

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Rise in Home Sales Signifies Strengthening Market

The long-awaited housing recovery is beginning to blossom, according to industry experts taking a look at recent existing-home sales. While admitting home sales “are still very low,” Paul Dales, chief economist at Capital Economics, says “it is clear that housing recovery is now well underway.” The evidence: home sales have been on the rise for …

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Housing market strengthening slowly

The year 2011 is ending on a high note as economists anticipate some signs of recovery ahead. Prices appear to be reaching their trough, visible supply is on the decline, and banks are beginning – just slightly – to loosen lending standards, according to a fourth-quarter report from Capital Economics. However, Capital Economics warns these …

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